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Fed's Bowman: It will 'likely be appropriate' to hike further
It will likely be appropriate to raise rates further and hold them at restrictive level for some timeInflation remains too highSees risk that high energy prices could reverse some of the recent progress on lowering inflationFrequency and scope of recent data revisions complicates task of projecting how economy will evolveExpects progress to be slow on inflation given the current level of monetary policy restraintRemains willing to support rate increase at a future meeting if data indicates progr...
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Posted: Oct 2 2023, 14:32
Author Name: forexlive
Views: 092133
